Tourism Development Fund

Saudi Arabia is set to witness the development of new luxury resorts as the Tourism Development Fund signed a memorandum of understanding with Karisma Hotels and Resorts International, the Saudi Press Agency reported. The signing took…
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New Murabba Development Company has signed a memorandum of understanding with the Tourism Development Fund to spearhead the transformation of Riyadh. The agreement will see the two entities work together to create New Murabba, for what…
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The Tourism Development Fund has signed a memorandum of understanding with Dan Company, a subsidiary of Saudi Arabia’s sovereign wealth fund Public Investment Fund, to support investments in the Kingdom’s agritourism sector. Dan Company…
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The Saudi Tourism Development Fund and the Saudi Authority for Industrial Cities and Technology Zones, also known as MODON, signed an agreement on Monday to develop and finance tourism projects in industrial cities, the Saudi Press Agency…
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Tourism and hospitality in Alkhobar will soon receive a significant boost with a government fund planning to finance and develop the Ritz-Carlton property in the city, according to the Saudi Press Agency. Saudi Arabia’s Tourism…
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